AMD Reports Record Q3 2026 Revenue Driven by Data Center Growth
Advanced Micro Devices (AMD) has achieved its largest and most profitable quarter in history, reporting record quarterly revenue of $13.4 billion for Q3 2026. This growth is primarily fueled by the company's data center segment, which generated $8.5 billion in revenue this quarter, accounting for approximately 63% of total net revenue. Despite the massive success in data centers, AMD faces headwinds in its consumer segments; gaming revenue plummeted 40% year-over-year to $773 million. Management attributed the slowdown in PC and gaming markets to rising component prices caused by RAM shortages driven by AI demand. Looking forward, CFO Jean Hu projected that the data center business could eventually represent more than 80% of AMD's total revenue.
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